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Oil prices take a rollercoaster ride
The price of Brent crude hit a four year high on Thursday before falling back. Markets were reacting to comments from President Trump about maintaining Strait of Hormuz blockade.
The price of Brent crude hit a four year high on Thursday before falling back. Markets were reacting to comments from President Trump about maintaining Strait of Hormuz blockade.
Iran is running out of storage space for its oil production, as exports remain restricted.
And Saudi Arabia is pulling its funding of the LIV golf tour, after investing around six billion dollars since 2021.
Last on
Thu 30 Apr 202614:50GMT
BBC World Service
Broadcast
- Thu 30 Apr 202614:50GMTBBC World Service
